Re: Euro/ At Strong Resistance

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In Response To: Euro/ At Strong Resistance *PIC* ()

I like the way you worded that (lol)....... "with a bunch of psychopathic hyped up traders with their fingers on the buy/sell buttons. Good luck with the trading. Everyone in a position is going to need a lot of it.".

Yup. That 81 ish level on the dollar and 1.26 to 1.28 on the Euro are still the current touch points on longer term charts So it seems that something will be needed to either push through
or bounce off these lines.

Some kind of news will come out to do that. As I said, which economy will be considered better, US or Europe. If we stay right here for a while, the chart indicators will begin to bottom for the US dollar and top for the Euro. So I favor eventually UP for the US dollar and down for the Euro. Just have no idea how long we will meander here until a breakout of some sort.

As always, great chart info.

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Euro/ At Strong Resistance *PIC*

Re: Euro/ At Strong Resistance

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